180 Nantucket Ln Ne, Palm Bay
Brevard County Real Estate - Palm Bay
Palm Bay is in East Central Florida. It's population as recorded in the 2010 Census was 103,190.
The median age for residents of Palm Bay is 39.8. Around 33.8% of Palm Bay households include school aged children and 28.7% of households include individuals aged 65 years or over. Census records indicate 72.9% of the Palm Bay population are White, 17.9% are Black or African American, .4% American Indian, 1.7% Asian and 3.5% are Two or more Races.
There are 45,220 housing units in Palm Bay. 5,738 (12.6%) of these were reported as vacant in the 2010 Census. There are 11,507 residential rental units in Palm Bay. 10,117 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
Palm Bay links:
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Brevard County
Brevard County is located in the East Central Florida region, along with Orange, Volusia, Sumter, Seminole, Lake, and Osceola counties. There are many incorporated municipalities in Brevard. Cities include Cape Canaveral, Cocoa, Cocoa Beach, Indian Harbour Beach, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, and West Melbourne. The towns in Brevard are Grant-Valkaria, Indiatlantic, Malabar, Melbourne Beach, Melbourne Village, and Palm Shores. Brevard?s population is well over half a million.
Top industries for Brevard County include technology, tourism, agriculture, and other service businesses. Top public sector employers for Brevard County are the Brevard County School Board, Brevard County Board of County Commissioners, NASA, and US Department of Defense. Private sector employers include Harris Corporation, Health First, Inc., United Space Alliance, Wuesthoff Health System, and Northrop Grumman Corporation.
Kennedy Space Center is located on Merritt Island in Brevard County and provides many jobs for the area, as well as acting as a popular tourist destination. It is from this activity that Brevard takes its nickname, the Space Coast. Nicknamed "Space City USA", the city of Titusville is across the water from KSC. The city?s population is highly-educated. The city is a popular destination for visitors wishing to see spacecraft launches.
Other tourist attractions in Brevard County include Port Canaveral, one of the busiest cruise ports in the world, the Merritt Island National Wildlife Refuge, and Cocoa Beach. Port Canaveral is serviced by Disney Cruise Lines, Carnival, and Royal Caribbean. Not just a tourist destination, the port is within a foreign trade zone.
In 2010 and 2011, the Brookings Institution reported that Brevard ranked in the bottom fifth of the nation's top metro areas, based on unemployment, gross metropolitan product, housing prices and foreclosed properties. In 2011, the county was rated the 6th worst in the nation for foreclosures. RealtyTrac rated Brevard as the best county in the United States for buyers in 2013 because of the low prices.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 950 Haas Ave Ne | Single Family | 2,451 | B |
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| 993 Pellam Ave Ne | Single Family | 2,174 | B |
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| 961 Haas Ave Ne | Single Family | 2,365 | B |
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| 974 Haas Ave Ne | Single Family | 1,962 | B |
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| 975 Pellam Ave Ne | Single Family | 1,678 | B |
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| 969 Haas Ave Ne | Single Family | 2,022 | B |
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| 949 Haas Ave Ne | Single Family | 2,203 | B |
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| 938 Haas Ave Ne | Single Family | 1,955 | B |
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| 161 Nantucket Ln Ne | Single Family | 1,803 | B |
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| 973 Haas Ave Ne | Single Family | 1,300 | B |
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| 957 Pellam Ave Ne | Single Family | 2,077 | B |
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| 937 Haas Ave Ne | Single Family | 1,985 | B |
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| 970 Peachland Ave Ne | Single Family | 2,226 | B |
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| 956 Peachland Ave Ne | Single Family | 1,740 | B |
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| 986 Haas Ave Ne | Single Family | 1,802 | B |
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| 992 Pellam Ave Ne | Single Family | 2,329 | B |
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| 926 Haas Ave Ne | Single Family | 2,086 | B |
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| 974 Pellam Ave Ne | Single Family | 1,772 | B |
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| 1021 Pellam Ave Ne | Single Family | 2,279 | B |
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| 210 Salmon Dr Ne | Single Family | 1,614 | B |
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| 222 Salmon Dr Ne | Single Family | 1,751 | B |
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| 942 Peachland Ave Ne | Single Family | 1,924 | B |
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| 1002 Pellam Ave Ne | Single Family | 1,770 | B |
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| 200 Salmon Dr Ne | Single Family | 1,532 | B |
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| 939 Pellam Ave Ne | Single Family | 2,161 | B |
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| 925 Haas Ave Ne | Single Family | 1,204 | C |
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| 956 Pellam Ave Ne | Single Family | 1,636 | B |
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| 984 Peachland Ave Ne | Single Family | 1,588 | B |
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| 120 Nantucket Ln Ne | Single Family | 1,256 | B |
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| 1020 Pellam Ave Ne | Single Family | 1,904 | B |
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| 928 Peachland Ave Ne | Single Family | 2,000 | B |
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| 998 Haas Ave Ne | Single Family | 1,646 | B |
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| 914 Haas Ave Ne | Single Family | 2,028 | B |
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| 191 Nemo Cir Ne | Vacant Residential | 0 | L |
Nearest MLS Listings
Nearest properties for sale within 3 miles of this location
| Address | Miles | Sq Ft | Price | |
|---|---|---|---|---|
| 1260 Ein Ct Nw | .58 | 2,056 | $519,900 |
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| 383 Emerson Dr Nw | .71 | 1,130 | $265,999 |
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| 1386 Unter Ave Nw | .84 | 0 | $362,900 | |
| 740 Norse St Nw | 1.35 | 0 | $55,000 | |
| 656 Delmonico St Ne | 1.55 | 0 | $389,900 | |
| 203 Eldron Blvd Ne | 1.55 | 0 | $67,000 | |
| 126 Deauville Ave Se | 1.75 | 0 | $55,000 | |
| 302 Arapahoe Ln Ne | 1.86 | 1,662 | $335,000 |
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| 1043 Pace Dr Nw | 2.01 | 0 | $356,900 | |
| 236 Santo Domingo Ave Sw | 2.05 | 0 | $49,900 | |
| 1196 Malone St Nw | 2.24 | 1,384 | $325,000 |
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| 615 Sedgewood Cir | 2.27 | 1,378 | $325,000 |
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| 1215 Shell Ct Ne | 2.3 | 960 | $139,900 |
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| 346 Triana Ave Sw | 2.35 | 0 | $349,900 | |
| 470 Ixora Ave Nw | 2.49 | 0 | $394,900 | |
Local Household Income
The median household income in this part of Florida is $65,996. The bottom 10% of the population earn less than $23,217 per year. The top 10% earn more than $150,879 per year. The top 1% earn more than $414,648 per year. Most renters earn between $28,332 (20th percentile) and $50,268 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,992 and $164,990.
The tax assessed value of this property places it in percentile 5 of all properties in this area. This suggests it would appeal to someone earning around $16,282 per year who should qualify for a mortgage between $32,564 and $40,705.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $847. Most renters earn between $2,361 and $4,189 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $608 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 8%.
This property falls in percentile 5 of all properties in this area. This corresponds to a rent of $302 per month and a monthly household income of $1,854 ($22,248 per year)
Nearby Companies
938 Haas Avenue Ne
961 Haas Avenue Ne
161 Nantucket Ln Ne